Dream Houses by Rita

Would you like an outdoor area like this at your home? The fire pit can be used year round, whether it's for warmth or just for ambiance!

A moment of silence- Gone but never forgotten.

Mortgage Term of the Day:
Mortgage insurance is a type of insurance that protects the lender if a borrower defaults on their loan.

🔹 Usually required when your down payment is less than 20%
🔹 Helps buyers qualify for loans with lower down payments
🔹 Comes in different forms:
• Private Mortgage Insurance (PMI) for conventional loans
• Mortgage Insurance Premium (MIP) for FHA loans

💡 Good to know: Once you build enough equity (usually 20%), you can often cancel mortgage insurance on conventional loans!